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Search Results 0 to 3 of about 4 (some duplicates have been removed)
FOX News
Nov 27, 2012 9:00pm PST
spending. oh, my pledge to grover norquist doesn't mean anything more. >> i don't believe in pledges anyway. you should pledge to uphold the constitution, and we should be able to trust our elected leaders to make decisions based on facts and -- >> sean: did one republican run on raising revenue? >> no -- well, actually i don't know if that's true. >> i don't know one. >> why are we talking about the republicans when we should be talking about the conservative democrats who ran senate seats who ran on a campaign against what president obama is talking about? why not talk about them? in 201047 democratic senators voted with president obama in order to extend the bush cuts. >> sean: the republicans, the ones signaling they're giving in, and the democrats, lock solid, they're not moving, as of now. i'm trying to reinforce -- >> i would just leave the republicans and focus on the democrats. what are they going to do? what is their plan. >> sean: you guys beat up on me. >> because we know we cannot afford this. we know that if you raise taxes on the rich, everybody making more than $250,000, you
FOX News
Nov 28, 2012 6:00pm PST
senator chambliss. >> good to be with you, sean. >> sean: grover norquist, americans for tax reform, you signed a pledge when you first ran for office, saying you wouldn't raise taxes or revenue, and said, well, i care more about this country i do about a 20-year pledge. you've taken heat for this. i want to give you a chance to explain. >> my difference with grover, it's pretty simple, the simpson-bowles plan that came out that said we're going to address the long-term debt of this country, recommended that you eliminate all tax credits and tax inclusions in a major tax reform package. the gang of six that i was a part of, still a part of, followed that recommendation. we think you ought to eliminate all of that. that will generate about $1.2 trillion in revenue. not new taxes. revenue. then you decide whether you're going to add the mortgage interest deduction, charitable deduction, other things back in there. so the question is, what do you do with that revenue that's been generated? we owe $16 trillion. i think that you got to pay part of that revenue toward that debt just like
Search Results 0 to 3 of about 4 (some duplicates have been removed)